Beginner Investment Options

Andrewdup

New Member
Joined
Feb 2, 2018
Messages
1
Still being young and relatively free in terms of financial constraints, I am looking to begin investing.
I was thinking of the Allan Gray Equity Fund Unit Trust as it has higher returns over their Balanced Fund.
I am willing to accept the additional risk as I am still young after all.

Has anyone got experience or advice with regards to the Equity Fund?
Or alternatively, does anyone have any alternative suggestions for me?

Thanks in Advance!
 

jman

Expert Member
Joined
May 9, 2014
Messages
2,508
First, aim to max out your RA (with whichever provider it may be), then aim to max out your TFSA - R2750 per month. Go with the ABSA ETF only account for this, and go do your homework on which ETF's to go with.

I've kinda lost faith in easy equities with them always having platform issues/mistakes, so I'll look to transfer to ABSA once transferring becomes available on TFSA's
 
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